Nov 14, 2012

New chief taxman looks like a winner for all sides

Chris Jordan looks a good appointment as Australia's new commissioner of taxation. Seemingly everyone has applauded him as the first commissioner to come from outside the public service.

If you want proof Wayne Swan is not only the World’s Greatest Treasurer but a really good bloke, you only need to look at his appointment of Chris Jordan as Australia’s new commissioner of taxation.

Jordan, you will remember, was the chair of Swan’s Business Tax Working Group, which was handed the poison chalice of trying to find a way to bring in the company tax cut — and find a way to pay for it. Jordan was set up to fail — the company tax cut was supposed to be a pay-off for the mining tax, and business wasn’t going to be fooled into losing another tax break to help the federal government make good on its company tax promise.

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4 thoughts on “New chief taxman looks like a winner for all sides

  1. Gavin Moodie

    Thanx for this, which I found most informative.

  2. Zeke

    I hope the new tax commissioner will finally get rid of the Microsoft-only e-tax return program and install a web-based tax return program so that the ATO can service the whole community instead of only those using windows.

  3. Arty

    I hope the new Fiscal Fiend will recognise the problems facing not only small business, but micro-businesses. As regular traditional employment has been morphed into “contractors” required to have ABNs, Quarterly GST settlement and PAYG income tax, the cost of expert (safe) tax advice has become more expensive than the micro-business income can sustain.

  4. Charlie Maigne

    I wish Mr Jordan the best in his new, thankless role protecting the revenue while copping flak from all sides for being occasionally “adversarial” (as if that’s a bad thing in a tax commissioner).

    And Zeke, don’t hold your breath. Something like 70% of individuals lodge through an agent, with paper lodgers (the group most likely to be affected by the platform limitation) somewhere in the single digits. I just don’t see it as a huge priority, regardless of how much noise people want to make.

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